Get updates on Eligibility, Admission, Placements Fees Structure
Quick Facts
| Medium Of Instructions | Mode Of Learning | Mode Of Delivery |
|---|---|---|
| English | Self Study | Video and Text Based |
Course Overview
The Marketplace, Trade Process, Clearing Corporations, and Settlement course by edX is a 7-week introductory curriculum. It introduces you to the marketplace, where you’ll gain in-depth knowledge about its characteristics, how it interacts with operation procedures, and study the U.S. equity market. Developed by the New York Institute of Finance, this programme will also teach you about Bond Secondary Market trades, Order Management Systems, and Over Counter Markets.
The Marketplace, Trade Process, Clearing Corporations, and Settlement certification syllabus also touches upon trade processing, where you’ll learn to process trades and understand the trade processing cycle’s components.
Further, the course curriculum discusses NSCC, clearing corporations, Option Clearing Corporation’s workings, and Mortgage-Backed Securities Clearing. It then concludes with giving you a holistic look at Settlements, the Purchase and Sales Department’s duties, why Fails occur, and financing tools.
Requiring just one to two hours of weekly dedication, The Marketplace, Trade Process, Clearing Corporations and Settlement programme by edX offers video transcripts and is entirely self-paced. Upon completion, you can also gain the NYIF’s professional certificate.
The Highlights
- Paid certificate
- Introductory programme for 7 weeks
- NYIF’s curation
- English transcripts for course videos
- A course in Economics and Finance
- Self-directed learning
- Expert educators
- Extensive syllabus
- Training provided in the English language
- Requires one to two hours each week
Programme Offerings
- Professional Certification
- New York Institute of Finance’s programme
- English Transcripts
- Self-paced studying
- Renowned educator
- Completion in seven weeks
- Introductory curriculum
Courses and Certificate Fees
| Certificate Availability | Certificate Providing Authority |
|---|---|
| yes | New York Institute of Finance, New York |
The Marketplace, Trade Process, Clearing Corporations and Settlement fee requires you to pay Rs. 22,459 to access the complete curriculum and earn the professional certificate.
The Marketplace, Trade Process, Clearing Corporations and Settlement course fee structure
Course Option | Fees |
The Marketplace, Trade Process, Clearing Corporations and Settlement | Rs. 22,459 |
Eligibility Criteria
Since the Marketplace, Trade Process, Clearing Corporations and Settlement certification course is the second part of the NYIF’s Brokerage Operations programme, you must complete part 1 to join. You must first complete the edX's Introduction to Brokerage Operations course.
What you will learn
Once you’re done with The Marketplace, Trade Process, Clearing Corporations and Settlement certification syllabus, you'll master these concepts: -
- The various steps for processing a trade, and the trade processing cycle’s components
- The Marketplace and its numerous characteristics
- Clearing Corporations’ definition and roles
- Understanding how settlements work
- Implementation of financing tools like stock and repo loan
Admission Details
- Directly access and view the Marketplace, Trade Process, Clearing Corporations and Settlement course by visiting on edX portal by clicking on the link mentioned below. https://www.edx.org/course/the-marketplace-trade-process-clearing-corporation.
- If you’re already an edX user, press on the ‘Sign In’ button at the top. Fill in your registered password and mailing ID to log in and enroll in the programme. You can also use your Microsoft/Facebook/Google/Apple account details to sign in.
- If you’re new, click on the ‘Register’ option, located at the top as well. Provide all the required information and select the ‘Create account’ tab. You can also sign up through your Apple, Microsoft, Facebook, or Google credentials.
- Proceed to pay the course fee, and your enrolment will be completed.
Application Details
You only need to sign up for the Marketplace, Trade Process, Clearing Corporations and Settlement training. All you have to do is provide your email ID, full name, country, and select a password and public username of choice. Besides, you can also use your Microsoft/Apple/Facebook/Google social IDs to log in.
The Syllabus
- Lesson 1: Introduction to the Marketplace
- Lesson 2: A Timeline of the U.S. Equity Market
- Lesson 3: Over the Counter Market
- Lesson 4: Order Management System
- Lesson 5: The New Order Trading Process
- Lesson 6: Bond Secondary Markets
- Lesson 1: Trade Processing Function I
- Lesson 2: Trade Processing Function II
- Lesson 3: Trade Processing Chart
- Lesson 1: Introduction to Clearing Corporation
- Lesson 2: NSCC and Most Other Clearing Corps
- Lesson 3: Option Clearing Corporation
- Lesson 4: Government Security Division of FICC
- Lesson 1: Understanding Settlement
- Lesson 2: Understanding Settlement (Cont.)
- Lesson 3: Financing Tools
Instructors
New York Institute of Finance, New York Frequently Asked Questions (FAQ's)
Yes. This curriculum is the second part of the ‘Brokerage Operations’ certificate programme by NYIF. You must finish the prior course, i.e., ‘Introduction to Brokerage Operations’, before enrolling for this.
Yes. The New York Institute of Finance’s renowned instructor, Stephen Zak, will deliver this curriculum.
Yes. EdX recommends studying for 1-2 hours every week to finish this programme within the stipulated duration.
The Marketplace, Trade Process, Clearing Corporations and Settlement by edX belongs to the ‘Economics and Finance’ category.
Yes. EdX does provide video transcripts for The Marketplace, Trade Process, Clearing Corporations and Settlement certification course. However, they’re only available in English.